Vietnamese businesses look for collaborations in the US market

From November 20 to December 1, a group of over 30 Vietnamese businesses will visit the US market to gather information in order to develop successful business strategies for the global economy through digital transformation and innovation.

Nguyen Quoc Dung, the Vietnamese ambassador to the US, welcomed the delegation on November 22. The delegation was led by Hoang Quang Phong, vice chairman of the Vietnam Chamber of Commerce and Industry (VCCI).

Dung gave the delegation an update on the two nations’ trade and investment cooperation, as well as on their respective policies and future plans for development cooperation as they approach their comprehensive partnership’s tenth anniversary the next year.

He gave them advice on the benefits, drawbacks, and tasks involved in exporting to the US market.

He promised that the Vietnamese representative office in the US would actively coordinate and support companies conducting market research, as well as provide details on US buyers and trade shows. He also gave businesses advice on how to focus on developing research and development strategies based on digital platforms and how to more effectively use information technology in corporate governance activities.

On November 23, the group participated in working sessions with the hosts’ companies and participated in further events in San Francisco and Los Angeles.